A Business That Dominates Markets with a Relative Advantage in Distribution,sales

question 28

Multiple Choice

A business that dominates markets with a relative advantage in distribution,sales coverage,or marketing communications can control (and often block) market access,creating a source of competitive advantage.Which source of competitive advantage does this create?

• A)scope advantage
• B)market segmentation advantage
• C)marketing advantage
• D)learning advantage
• E)marketing cost scope advantage

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Definitions:

Limited Life

Refers to the finite duration for which an entity, such as a corporation or partnership, is established to operate.

Double Taxation

A tax principle referring to income taxes paid twice on the same source of income, often seen in corporate dividends taxed at both the corporate and personal levels.

Stock Exchange

A marketplace where securities, like stocks and bonds, are bought and sold by investors, brokers, and traders.

Sole Proprietorship

A type of enterprise that is owned and run by one individual and in which there is no legal distinction between the owner and the business entity.